Andrew Bailey sets Donald Trump challenge on tariff plans Economics Bank of England Governor Andrew Bailey has set President Donald Trump a “constructive challenge” to explain contradictions in fiscal policies that threaten the world economy and financial stability. In his Mansion House speech delivered to an audience of City leaders, Andrew Bailey defended the principles of free trade and post-war agreements to introduce multilateral systems [...]
French budget crisis show fiscal fears are rising back up the agenda Economics The mounting budget crisis in France looks set to revive the spectre of sovereign debt levels.
National debt: Government must reform or things will ‘blow up’ Economics Sooner or later the British government is going to face a reckoning on the national debt.
OBR warns national debt is on ‘unsustainable path’ unless government takes action September 12, 2024 The OBR forecast that government spending would rise to 60 per cent of GDP, from 45 per cent at the moment, whereas revenue will remain flat.